Trading Update: Sprott Physical Gold Trust (PHYS) Stock Endures 1.04% Monthly Volatility

The stock of Sprott Physical Gold Trust (PHYS) has gone up by 0.26% for the week, with a 5.96% rise in the past month and a 7.00% rise in the past quarter. The volatility ratio for the week is 0.92%, and the volatility levels for the past 30 days are 1.04% for PHYS. The simple moving average for the last 20 days is 2.48% for PHYS stock, with a simple moving average of 13.84% for the last 200 days.

Is It Worth Investing in Sprott Physical Gold Trust (AMEX: PHYS) Right Now?

The stock has a 36-month beta value of 0.15. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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PHYS currently public float of 409.62M.On August 27, 2024, the average trading volume of PHYS was 2.00M shares.

PHYS) stock’s latest price update

Sprott Physical Gold Trust (AMEX: PHYS) has seen a decline in its stock price by -0.15 in relation to its previous close of 19.60. However, the company has experienced a 0.26% gain in its stock price over the last five trading sessions. marketbeat.com reported 2024-08-22 that As the quarter winds down, investors can look at 13-F filings to determine what the best minds on Wall Street are planning for the coming months. The Securities and Exchange Commission (SEC) requires these filings whenever an individual investor or fund holds a significant enough stake in any given stock, so this is a regular filing for big players like Warren Buffett.

PHYS Trading at 4.80% from the 50-Day Moving Average

After a stumble in the market that brought PHYS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.31% of loss for the given period.

Volatility was left at 1.04%, however, over the last 30 days, the volatility rate increased by 0.92%, as shares surge +4.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.86% upper at present.

During the last 5 trading sessions, PHYS rose by +0.29%, which changed the moving average for the period of 200-days by +28.45% in comparison to the 20-day moving average, which settled at $19.14. In addition, Sprott Physical Gold Trust saw 22.85% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for PHYS

Current profitability levels for the company are sitting at:

  • -7.63 for the present operating margin
  • 1.15 for the gross margin

The net margin for Sprott Physical Gold Trust stands at -7.63. The total capital return value is set at 0.17.

Currently, EBITDA for the company is 723.52 million with net debt to EBITDA at -0.02. When we switch over and look at the enterprise to sales, we see a ratio of -49.17.

Conclusion

To sum up, Sprott Physical Gold Trust (PHYS) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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